Economic Growth and Regional Integration in Mexico

Shepherd, D., Muñoz Torres, R.I. and Mendoza, M.A. (2017) Economic Growth and Regional Integration in Mexico. Economic Issues, 22 (1). pp. 89-110. ISSN 1363-7029

[img] PDF
Mexico_Growth and Regional Integration_final.pdf - Accepted Version
Restricted to Repository staff only until 1 March 2018.

Download (271kB)
Official URL: http://www.economicissues.org.uk/Vol22.html#a6

Abstract

In this paper we examine the regional structure of output growth, volatility and prosperity in Mexico, focusing in particular on the degree of integration between both the regions and the individual states of the country. The results suggest that there is a high degree of similarity across the regions in the responses to domestic and international shocks affecting the economy, but there are also significant differences across the individual states within each region. We identify a positive relationship between output growth and volatility, but the relationship between growth and regional disparities appears to be negative, suggesting that higher (lower) growth is generally associated with lower (higher) regional dispersion in per capita GDP levels.

Item Type: Article
Uncontrolled Keywords: Regional Growth, Volatility, Regional Disparities, Exogenous Shocks, Cyclical Fluctuations, Co-Movement, Dynamics;
Subjects: University of Westminster > Westminster Business School
SWORD Depositor: repository@westminster.ac.uk
Depositing User: repository@westminster.ac.uk
Date Deposited: 12 Dec 2016 16:01
Last Modified: 31 Mar 2017 12:37
URI: http://westminsterresearch.wmin.ac.uk/id/eprint/18073

Actions (login required)

Edit Item (Repository staff only) Edit Item (Repository staff only)